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737 Summit St

Downers Grove, IL 60515

4 bd 4 ba 3,367 sqft Built 2005 Lot 6,098 sqft single_family
Most recent sale
$880,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $880,000 MLS #11316583
Mar 29, 2022 Listing removed $895,000 MRED
Jul 5, 2011 Listing removed $769,000 MRED
Mar 16, 2011 Listed $769,000 MLS #07755456
May 12, 2005 Sold $733,000 Public Record
Aug 13, 2004 Sold $210,000 Public Record
Oct 29, 1990 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $269,546 $57,893 $327,439 $18,288
2022 $234,630 $50,390 $285,020 $16,127
2021 $231,960 $49,820 $281,780 $15,095
2020 $227,370 $48,830 $276,200 $14,816
2019 $218,160 $46,850 $265,010 $14,345
2018 $225,020 $46,610 $271,630 $14,896
2017 $216,530 $44,850 $261,380 $14,425
2016 $206,650 $42,800 $249,450 $14,142
2015 $194,420 $40,270 $234,690 $14,303
2014 $162,960 $35,590 $198,550 $12,412
2013 $162,200 $35,420 $197,620 $12,161
2012 $156,950 $37,010 $193,960 $11,039
2011 $167,150 $39,410 $206,560 $10,851
2010 $201,350 $42,100 $243,450 $11,899
2009 $213,720 $44,690 $258,410 $11,726
2008 $213,720 $44,690 $258,410 $11,285
2007 $201,810 $42,200 $244,010 $10,822
2006 $183,050 $38,280 $221,330 $10,005

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,367 sqft
Lot size
6,098 sqft
ZIP code
60515
City
Downers Grove
Street
Summit St
Coordinates
41.78963, -88.00368

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,061
Gross rental yield
8.27%
Implied cap rate
5.37%
Trend-extrapolated value

Frequently asked questions

When did 737 Summit St last sell?
737 Summit St most recently sold on Apr 8, 2022 for $880,000.
What is the current tax assessment for 737 Summit St?
The most recent total assessment for 737 Summit St (year 2024) is $327,439 with $18,288 in property tax.
How does 737 Summit St's assessment compare to its last sale price?
The current assessment is 62.8% below the last sale price of $880,000.
When was 737 Summit St built?
737 Summit St was built in 2005.
How does 737 Summit St compare to others on Summit St?
We track 4 other properties on Summit St. Browse the list under "Other properties on Summit St" to compare beds, baths, and sale history.
What are the property facts for 737 Summit St?
737 Summit St is a 4 bed, 4 bath, 3,367 sqft, 6,098 sqft lot single_family.
Is 737 Summit St a flip candidate?
No — 737 Summit St does not appear in our flips dataset.
Is 737 Summit St a tax-appeal candidate?
No — 737 Summit St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$634.5K
2026 Q4
$636.6K
ZIP 60515 — Median Price History + Forecast

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